The statistics below represent IT contracts advertised across the London region that had Quantitative Risk Analyst featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 30 May 2016 with a comparison to same period over 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
30 May 2016
Same period 2015 Same period 2014
Quantitative Risk Analyst
Rank 399 412 423
Rank change year-on-year
+13 +11
Contract jobs requiring a Quantitative Risk Analyst 18 8 8
As % of all contract IT jobs located in London 0.083% 0.035% 0.034%
As % of the Job Titles category 0.087% 0.037% 0.036%
Number of daily rates quoted 13 8 8
Median daily rate £700 £625 £450
Median daily rate % change year-on-year
+12.00% +38.88%
90% offered a daily rate of more than £480 £410 £388
10% offered a daily rate of more than £750 £750 £608
UK excluding London median daily rate £600 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Quantitative Risk Analyst
England

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
London
Contract IT job ads with a match in the
Job Titles category
20584 21391 22193
As % of all contract IT jobs located in London 94.95% 94.54% 94.94%
Number of daily rates quoted 15002 14791 15616
Median daily rate £463 £445 £425
Median daily rate % change year-on-year
+3.93% +4.70%
90% offered a daily rate of more than £295 £275 £268
10% offered a daily rate of more than £625 £613 £600
UK excluding London median daily rate £400 £375 £350
% change year-on-year
+6.66% +7.14%
Number of hourly rates quoted 214 399 404
Median hourly rate £18.75 £19.88 £17.50
Median hourly rate % change year-on-year
-5.66% +13.57%
90% offered a hourly rate of more than £11.50 £12.50 £12.00
10% offered a hourly rate of more than £43.57 £55.00 £35.00
UK excluding London median hourly rate £17.50 £16.00 £16.50
% change year-on-year
+9.37% -3.03%

Quantitative Risk Analyst
Jobs Demand Trend in London

The demand trend of IT contracts across the London region that featured Quantitative Risk Analyst in the job title.

Quantitative Risk Analyst Jobs Demand Trend in London

Quantitative Risk Analyst
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Quantitative Risk Analyst across the London region.

Quantitative Risk Analyst Daily Rate Trend in London

Quantitative Risk Analyst
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Risk Analyst across the London region over the 3 months to 30 May 2016.

Quantitative Risk Analyst Daily Rate Histogram in London

Quantitative Risk Analyst
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Risk Analyst within the London region over the 3 months to 30 May 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +45 1 £700 +60.91%
Quantitative Risk Analyst
England

Quantitative Risk Analyst Skill Set
Top 30 Related IT Skills in London

For the 6 months to 30 May 2016, Quantitative Risk Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring Quantitative Risk Analyst in the job title.

1 22 (70.97%) Finance
2 18 (58.06%) Mathematics
3 15 (48.39%) C#
4 14 (45.16%) Degree
5 13 (41.94%) Physics
5 13 (41.94%) Front Office
6 12 (38.71%) Risk Management
7 10 (32.26%) Validation
7 10 (32.26%) C++
8 9 (29.03%) Derivative
8 9 (29.03%) Analytics
9 8 (25.81%) Market Risk
9 8 (25.81%) Stress Testing
10 6 (19.35%) VBA
10 6 (19.35%) Banking
10 6 (19.35%) QA
10 6 (19.35%) Analytical Skills
11 5 (16.13%) Retail
11 5 (16.13%) Investment Banking
11 5 (16.13%) Selenium
11 5 (16.13%) Greeks
11 5 (16.13%) Test Automation
11 5 (16.13%) .NET
11 5 (16.13%) SQL
11 5 (16.13%) MSMQ
11 5 (16.13%) HP UFT
12 4 (12.90%) Credit Risk
12 4 (12.90%) Risk Analytics
13 3 (9.68%) Quantitative Risk Management
13 3 (9.68%) LaTeX

Quantitative Risk Analyst Skill Set
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 3 (9.68%) LaTeX
1 3 (9.68%) MS Office
2 2 (6.45%) MS Excel
2 2 (6.45%) Spreadsheet
Cloud Services
1 2 (6.45%) Cloud Computing
Development Applications
1 5 (16.13%) HP UFT
1 5 (16.13%) Selenium
General
1 22 (70.97%) Finance
2 13 (41.94%) Front Office
3 6 (19.35%) Banking
4 5 (16.13%) Investment Banking
4 5 (16.13%) Retail
5 1 (3.23%) Back Office
Libraries, Frameworks & Software Standards
1 5 (16.13%) .NET
1 5 (16.13%) MSMQ
2 2 (6.45%) XSLT
Miscellaneous
1 18 (58.06%) Mathematics
2 13 (41.94%) Physics
3 9 (29.03%) Derivative
4 8 (25.81%) Market Risk
5 6 (19.35%) Analytical Skills
6 4 (12.90%) Credit Risk
7 3 (9.68%) Foreign Exchange (FX)
7 3 (9.68%) Statistics
8 2 (6.45%) Credit Derivative
8 2 (6.45%) Swaptions
9 1 (3.23%) Computer Science
9 1 (3.23%) Equity Derivative
9 1 (3.23%) Fixed Income
9 1 (3.23%) Grid Computing
9 1 (3.23%) Hedge funds
Processes & Methodologies
1 12 (38.71%) Risk Management
2 10 (32.26%) Validation
3 9 (29.03%) Analytics
4 8 (25.81%) Stress Testing
5 5 (16.13%) Greeks
5 5 (16.13%) Test Automation
6 4 (12.90%) Risk Analytics
7 3 (9.68%) Quantitative Risk Management
8 2 (6.45%) Monte Carlo Method
9 1 (3.23%) Numerical Analysis
9 1 (3.23%) Performance Optimisation
9 1 (3.23%) Quantitative Analysis
9 1 (3.23%) Risk Assessment
Programming Languages
1 15 (48.39%) C#
2 10 (32.26%) C++
3 6 (19.35%) VBA
4 5 (16.13%) SQL
5 3 (9.68%) MATLAB
5 3 (9.68%) R
6 2 (6.45%) Haskell
6 2 (6.45%) Python
Qualifications
1 14 (45.16%) Degree
2 3 (9.68%) PhD
Quality Assurance & Compliance
1 6 (19.35%) QA
2 1 (3.23%) Basel III
Vendors
1 1 (3.23%) Algorithmics